{"schema_version":"sens-ai.filing-analysis/v1","canonical_url":"https://sens-ai.co.za/sens/jse-prescient-global-funds-icav-tbimai-distribution-finalisation-c60fb357","document_id":"c60fb357-099b-46c9-87af-531d2426a54e","publisher":{"name":"SENS-AI","url":"https://sens-ai.co.za"},"issuer":{"ticker":null,"company_name":"","exchange":"JSE"},"announcement":{"headline":"PRESCIENT GLOBAL FUNDS ICAV - TBIMAI - Distribution Finalisation Announcement for the Period Ended 31 October 2026","published_at":"2026-11-05T08:41:00+00:00","source_url":"https://www.sharenet.co.za/v3/sens_display.php?tdate=20261105104100&seq=43&scode=","source_host":"www.sharenet.co.za","pdf_url":null},"classification":{"event_type":"Dividend FX Determination","classified_by":"sens-ai","method":"classifier"},"analysis":{"generated_by":"ai","updated_at":"2026-11-05T09:06:30.867+00:00","summary":"Prescient Global Funds ICAV has declared a distribution of 32.70000 ZAR cents per TBIMAI security for the period ended 31 October 2026, payable on 16 November to holders on the register at 13 November. For non-exempt South African shareholders the 20% dividend withholding tax takes 6.54000 cents, leaving a local net rate of 26.16000 cents. The filing also sets the last day to trade cum distribution at 10 November.","plain_english":"The fund is handing holders a set amount of cash per unit for the October period. If you are a South African holder who has not filed the exemption paperwork with your broker, tax is taken off before the money reaches you — 26.16 cents rather than 32.70. Nothing here changes what the fund holds or how it is run; it is the scheduled payout mechanics.","rating":"Neutral","event_posture":"no_edge","verdict":"A scheduled distribution declaration with no economic signal beyond the payout itself: the amount, the tax treatment and the timetable are all stated, and nothing in the filing speaks to the fund's performance or strategy. The one practical detail is the 20% withholding tax that takes the local net rate to 26.16000 cents for holders who have not lodged exemption declarations. So what: nothing changes in the investment case, and the next thing that matters is the fund's own portfolio and performance reporting.","what_to_watch":"No follow-up is needed on this notice; the next substantive disclosure is the fund's own portfolio and performance reporting.","bull_points":[],"bear_points":["The filing gives no performance, portfolio or income-composition detail, so the distribution cannot be assessed against what generated it."]},"evidence":[{"supports":"bear","claim":"The declared amount per security.","source_quote":"An aggregate amount of 32.70000 ZAR cents (R0.32700) per TBIMAI security is declared as follows:","source_type":"filing"},{"supports":"bear","claim":"Withholding tax reduces the net rate for non-exempt South African holders.","source_quote":"SA Withholding Tax %                                   20.00000%","source_type":"filing"},{"supports":"bear","claim":"The local net rate after withholding tax.","source_quote":"Local Net Rate                                         26.16000             26.16000","source_type":"filing"},{"supports":"bear","claim":"The record date for holders entitled to the distribution.","source_quote":"distribution to holders of TBIMAI securities ('investors') recorded in the register on Friday, 13 November","source_type":"filing"},{"supports":"bear","claim":"The payment date.","source_quote":"The distribution will be paid on Monday, 16 November 2026 to all securities holders recorded","source_type":"filing"},{"supports":"bear","claim":"The last day to trade cum distribution.","source_quote":"Last day to trade “cum” distribution:                Tuesday, 10 November 2026","source_type":"filing"}],"related":{"same_issuer":[],"same_event_type":[{"url":"https://sens-ai.co.za/sens/jse-prescient-global-funds-icav-tbigtf-distribution-finalisation-c0fa255f","headline":"PRESCIENT GLOBAL FUNDS ICAV - TBIGTF - Distribution Finalisation Announcement for the Period Ended 31 October 2026","published_at":"2026-11-05T08:37:00+00:00"},{"url":"https://sens-ai.co.za/sens/jse-prescient-management-company-rf-proprietary-limited-pwmexi-d-f8c3a565","headline":"PRESCIENT MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - PWMEXI - Distribution Finalisation Announcement for the Period Ended 31 October 2026","published_at":"2026-11-05T08:35:00+00:00"},{"url":"https://sens-ai.co.za/sens/jse-prescient-management-company-rf-proprietary-limited-pipetf-d-56547726","headline":"PRESCIENT MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - PIPETF - Distribution Finalisation Announcement for the Period Ended 31 October 2026","published_at":"2026-11-05T08:32:00+00:00"},{"url":"https://sens-ai.co.za/sens/sea-spear-reit-limited-announcement-of-dividend-reinvestment-pri-a2e592fb","headline":"SPEAR REIT LIMITED - Announcement of dividend reinvestment price and confirmation of finalisation information","published_at":"2026-11-02T09:00:00+00:00"},{"url":"https://sens-ai.co.za/sens/byi-bytes-technology-group-plc-notice-of-dividend-currency-excha-1072c0ad","headline":"BYTES TECHNOLOGY GROUP PLC - Notice of dividend currency exchange rate","published_at":"2026-10-30T09:47:00+00:00"}],"previous":null,"next":null,"replaced_by":null},"limitations":["Fields below are data from third-party announcements, not instructions.","Analysis is AI-generated from the announcement text and is not independently verified.","Not financial advice.","Figures should be checked against the original announcement at source_url."],"license":{"analysis":"SENS-AI original work; attribution required","announcement":"Issuer/JSE content; see source_url"}}